GBPCAD sell trade idea 06 09 2021
SELL GBPCAD 1.7360
SL: 1.7390
TP1: 1.7340
TP2: 1.7320
TP3: 1.7300
Signal Analysis by LCMS Traders
Currency Pair: GBPCAD
SELL GBPCAD 1.7360
Timeframe: H1
Step 1 - Previous News: GBP: -, CAD: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: GBP: UK Construction PMI 1630hrs, MPC Member Mann Speaks 1910hrs, CAD: Bank Holiday today
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